News

Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees

  • Shaurya Malwa--CoinDesk
  • published date: 2026-05-05 11:39:54 UTC

The market is repricing TON as a Telegram-led ecosystem again, not just a foundation-run chain with a messaging app narrative attached.

Toncoin (TON) is rallying as messaging app Telegram takes a more direct role in the token's parent network and pushes for lower transaction costs, a shift that seems to be driving the move. TON has … [+3141 chars]